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Emerging Practices 2019
#ctec702
Week 8
Ricardo Sosa
rsosa@aut.ac.nz
designcomputing
Fully
Human
Shape
Human-
like Shape
Machine-like
Shape
Fully Machine Shape
Human-
like
Behaviour
Machine-like
Behaviour
Fully Machine
Behaviour
Fully Human
Behaviour
Change Agents
• Uber has never once made a
profit over the last decade
• Everyone who got in early on
Uber made a killing. Anyone who
got their money in on the ground
floor is very happy with how
things turned out.
• So by the time you get to an
initial public offering, which is
when people like you and me
can actually buy shares of this
company, those early investors
can sell their shares at an insane
profit.
• Anyone who bought shares have
only lost money, essentially
https://www.nytimes.com/2019/08/29/podcasts/t
https://www.theverge.com/2019/8/8/20793793/uber-5-billion-quarter-loss-profit-lyft-traffic-2019
• The ride-hailing giant reported
losing a whopping $5.2 billion
in the last three months. No,
there isn’t dirt on your screen.
That’s billion with a “b.”
• None of the ride-sharing
companies around the world —
Didi in China, Ola in India, Grab in
Southeast Asia — are profitable.
And none of them can
convincingly articulate a path to
profitability aside from vague
references to improving the
bottom line and reining in ride
subsidies and driver incentives.
https://observer.com/2019/05/uber-ipo-nyse-7-investor-winners/
• Michael Barbaro
• So for the super-wealthy early investors, it isn’t necessarily a problem that Uber has
never made money. Those investors did make a huge amount of money from the I.P.O.
And I wonder if you think that that fact, that reality of how things work out there in
Silicon Valley, has contributed to the kind of growth that Uber experienced, which was
this kind of heedless, subsidized investment into profitability that never materialized?
• Mike Isaac
• Yes, that’s common out here. And I think that’s just going to continue occurring,
because that’s how the model works.
https://www.nytimes.com/2019/08/29/podcasts/the-daily/uber-profit.html
https://observer.com/2019/04/pinterest-ipo-biggest-winners-losers/
• Ben Silbermann, Pinterest’s co-
founder and CEO, owns 51.6 million
shares, or 11.4 percent, of the
company. After Thursday, his stake
will be worth up to $1.29 billion.
• Evan Sharp, owns 9.5 million shares, or
2.1 percent, of Pinterest, which will be
worth up to $226 million. Paul Sciarra,
owns 42.4 million shares, or 9.3 percent,
of the company. After the IPO, he will be
harvesting just above $1 billion.
• Bessemer Venture, Calif.-based venture
capital firm, bought $10 million worth of
shares during its series A fundraising
round in 2011 for just $0.17 a piece.
That stake is now worth up to $1.47
billion.
https://en.wikipedia.org/wiki/Venture_capital#/media/File:Startup_Financing_Cycle.png
The “Silicon Valley”* tech entrepreneur
• “Visionaries”
• “Change the world”
• “Embrace failure”
• “Rebels”
• “Fake it ‘till you make it”
• “Self-made”
• “Charisma”
• “Unicorns”
• “Innovation”
• Greed and delusion
• Media click-bait profiling
• Myth-ridden culture
• Hype, viral feedback loops
• Naïve, uncritical public
• Power & privilege
• Cult behaviour
• Outdated regulations
• Techno-determinism
* not exclusive to Palo Alto
Founded in 2003 by then-19-year-old Elizabeth Holmes, Theranos raised more than
US$700 million from venture capitalists and private investors, resulting in a $10 billion
valuation at its peak in 2013 and 2014. https://en.wikipedia.org/wiki/Theranos
https://www.youtube.com/watch?v=ta1DqI4xDRw
The case is U.S. v. Holmes, 18-cr-00258, United States District Court for the
Northern District of California and it is set to begin on July 28, 2020. They
face up to 20 years in prison. https://en.wikipedia.org/wiki/Elizabeth_Holmes
https://jods.mitpress.mit.edu/pub/vptj5jf1
The Disobedience Award—a $250,000, no-strings-attached
prize—recognizes individuals and groups who engage in
responsible, ethical disobedience aimed at challenging
norms, rules, or laws that sustain society’s injustices.
This award honors work that is focused on positive impact
and is consistent with a set of key principles, including:
•nonviolence
•creativity
•courage
•personal responsibility
The award is open to people and groups working in any
discipline anywhere in the world, including, but not limited
to, scientific research, civil rights, freedom of speech,
human rights, and the freedom to innovate. By rewarding
thoughtful, nonviolent acts of disobedience, we hope to
raise the public profile of these activities and ultimately
inspire new agents of change.
https://www.media.mit.edu/groups/disobedience-award/
https://www.newyorker.com/news/news-desk/how-an-elite-university-research-center-concealed-its-relationship-with-jeffrey-epstein
“Make sure this gets accounted for as
anonymous.”
Cesar A. Hidalgo @cesifoti
• I have little to contribute to Epstein’s ties to the lab. It has all
been news to me. Nevertheless, I have a few things to say
about the environment where this happened. The environment
can help us understand the conditions that allowed the
reported behaviors.
• I was a faculty at the media lab for nearly a decade, first as an
assistant, and then as an associate professor. I directed the
Collective Learning group, that had nearly 20 people at some
point. But was I really a “member” of the media lab faculty?
• On the one hand, I looked like one. I published papers and
projects, and in 2018, I ranked 5th among all media lab faculty
(senior and junior) in number of citations received during that
year according to Google Scholar
• But on the other hand. I was constantly marginalized and
excluded. Let me share with you a few anecdotes of what it
meant to be the only Hispanic member in the history of the
MIT Media Lab.
• The Media Lab has many brilliant scholars and inventors. I am in
complete awe of their intellectual merit and contributions. But
despite selling itself as a community, it is not.
http://www.fullhdwpp.com/
if your presence doesn't make an impact
your absence won't make a difference
https://www.globalwitness.org/en/campaigns/environmental-activists/
In 2018, Global Witness documented 164 killings of
land and environmental defenders – ordinary people
murdered for defending their homes, forests and rivers
against destructive industries.
Evaluation activity of Nao
Our robots are the
attractive channel for
entertaining and
educational
communication toward
students. Especially in
inspiring and
accompanying kids for
physical and intellectual
exercises and supporting
the social & emotional
skills development.
Insight generator: Conduct
survey research to
understand student
behaviours, provide
detailed and regular
feedback to teachers on
their advancement.
Pepper and NAO execute it
with flexibility and collect
complex data to generate
more valuable student
insights.

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Emerging practices 2019 week 8

  • 1. Emerging Practices 2019 #ctec702 Week 8 Ricardo Sosa rsosa@aut.ac.nz designcomputing
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  • 11. • Uber has never once made a profit over the last decade • Everyone who got in early on Uber made a killing. Anyone who got their money in on the ground floor is very happy with how things turned out. • So by the time you get to an initial public offering, which is when people like you and me can actually buy shares of this company, those early investors can sell their shares at an insane profit. • Anyone who bought shares have only lost money, essentially https://www.nytimes.com/2019/08/29/podcasts/t
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  • 15. https://www.theverge.com/2019/8/8/20793793/uber-5-billion-quarter-loss-profit-lyft-traffic-2019 • The ride-hailing giant reported losing a whopping $5.2 billion in the last three months. No, there isn’t dirt on your screen. That’s billion with a “b.” • None of the ride-sharing companies around the world — Didi in China, Ola in India, Grab in Southeast Asia — are profitable. And none of them can convincingly articulate a path to profitability aside from vague references to improving the bottom line and reining in ride subsidies and driver incentives.
  • 17. • Michael Barbaro • So for the super-wealthy early investors, it isn’t necessarily a problem that Uber has never made money. Those investors did make a huge amount of money from the I.P.O. And I wonder if you think that that fact, that reality of how things work out there in Silicon Valley, has contributed to the kind of growth that Uber experienced, which was this kind of heedless, subsidized investment into profitability that never materialized? • Mike Isaac • Yes, that’s common out here. And I think that’s just going to continue occurring, because that’s how the model works. https://www.nytimes.com/2019/08/29/podcasts/the-daily/uber-profit.html
  • 18. https://observer.com/2019/04/pinterest-ipo-biggest-winners-losers/ • Ben Silbermann, Pinterest’s co- founder and CEO, owns 51.6 million shares, or 11.4 percent, of the company. After Thursday, his stake will be worth up to $1.29 billion. • Evan Sharp, owns 9.5 million shares, or 2.1 percent, of Pinterest, which will be worth up to $226 million. Paul Sciarra, owns 42.4 million shares, or 9.3 percent, of the company. After the IPO, he will be harvesting just above $1 billion. • Bessemer Venture, Calif.-based venture capital firm, bought $10 million worth of shares during its series A fundraising round in 2011 for just $0.17 a piece. That stake is now worth up to $1.47 billion.
  • 20. The “Silicon Valley”* tech entrepreneur • “Visionaries” • “Change the world” • “Embrace failure” • “Rebels” • “Fake it ‘till you make it” • “Self-made” • “Charisma” • “Unicorns” • “Innovation” • Greed and delusion • Media click-bait profiling • Myth-ridden culture • Hype, viral feedback loops • Naïve, uncritical public • Power & privilege • Cult behaviour • Outdated regulations • Techno-determinism * not exclusive to Palo Alto
  • 21. Founded in 2003 by then-19-year-old Elizabeth Holmes, Theranos raised more than US$700 million from venture capitalists and private investors, resulting in a $10 billion valuation at its peak in 2013 and 2014. https://en.wikipedia.org/wiki/Theranos
  • 23. The case is U.S. v. Holmes, 18-cr-00258, United States District Court for the Northern District of California and it is set to begin on July 28, 2020. They face up to 20 years in prison. https://en.wikipedia.org/wiki/Elizabeth_Holmes
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  • 26. The Disobedience Award—a $250,000, no-strings-attached prize—recognizes individuals and groups who engage in responsible, ethical disobedience aimed at challenging norms, rules, or laws that sustain society’s injustices. This award honors work that is focused on positive impact and is consistent with a set of key principles, including: •nonviolence •creativity •courage •personal responsibility The award is open to people and groups working in any discipline anywhere in the world, including, but not limited to, scientific research, civil rights, freedom of speech, human rights, and the freedom to innovate. By rewarding thoughtful, nonviolent acts of disobedience, we hope to raise the public profile of these activities and ultimately inspire new agents of change. https://www.media.mit.edu/groups/disobedience-award/
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  • 29. Cesar A. Hidalgo @cesifoti • I have little to contribute to Epstein’s ties to the lab. It has all been news to me. Nevertheless, I have a few things to say about the environment where this happened. The environment can help us understand the conditions that allowed the reported behaviors. • I was a faculty at the media lab for nearly a decade, first as an assistant, and then as an associate professor. I directed the Collective Learning group, that had nearly 20 people at some point. But was I really a “member” of the media lab faculty? • On the one hand, I looked like one. I published papers and projects, and in 2018, I ranked 5th among all media lab faculty (senior and junior) in number of citations received during that year according to Google Scholar • But on the other hand. I was constantly marginalized and excluded. Let me share with you a few anecdotes of what it meant to be the only Hispanic member in the history of the MIT Media Lab. • The Media Lab has many brilliant scholars and inventors. I am in complete awe of their intellectual merit and contributions. But despite selling itself as a community, it is not.
  • 30. http://www.fullhdwpp.com/ if your presence doesn't make an impact your absence won't make a difference
  • 31. https://www.globalwitness.org/en/campaigns/environmental-activists/ In 2018, Global Witness documented 164 killings of land and environmental defenders – ordinary people murdered for defending their homes, forests and rivers against destructive industries.
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  • 35. Our robots are the attractive channel for entertaining and educational communication toward students. Especially in inspiring and accompanying kids for physical and intellectual exercises and supporting the social & emotional skills development.
  • 36. Insight generator: Conduct survey research to understand student behaviours, provide detailed and regular feedback to teachers on their advancement. Pepper and NAO execute it with flexibility and collect complex data to generate more valuable student insights.